I continue to believe this is a good deal, and I got back in at 21 cents. I'll have more capital in a week or so, at which time if this is trading in this range, I would buy more. Downside limited.

AVLP is getting very close to their deal with JS Technologies/Suhr brand Guitars. Their indications of interest site, crowdfunding via SEC Registration A+ (read more at http://techcrunch.com/2015/06/19/sec-reg-a-will-now-let-you-crowdfund-equity/, http://www.sec.gov/news/pressrelease/2015-49.html or other google searches)

http://invest.avalancheinternationalcorp.com/

is showing around 5.8 million. Next month they will open it up to the public including all existing Suhr customers, people that aren't exactly poor to afford these guitars.

Depending on how much they raise will open up opportunities for growth in the industry including buying other brands, expanding their own selection, faster turnaround of orders, better terms for their dealers and expanding their dealer base, so that they can compete with some of the larger known musical instrument companies.

Ultimately they will get listed on the NASDAQ instead of with these penny stocks.

The stock is currently selling at a bargain basement 20cents/share on very low, sporadic volume, with almost no attention whatsoever. Do you think that this stock will be selling at this price in a month, two months, three or 6 months from now, I don't think so. Granted the share structure will change in order to accommodate the inpouring of money, but I can tell you this much, it won't be 20 cents a share.

There are always exceptions.
And American Bonanza successfully mined a ton of gold in the late 80s/90s in the region.
So what are you saying, they are putting into place large scale 22 hour/day 7 day operations just for shits and grins. Why would anyone waste their time doing that, to give people jobs, I don't think so. You can sit by the sidelines then. Me and many other investors have gotten into the private placement which basically gives 4x your investment at $1200/oz gold, less or more depending on the price of gold obviously, with even more volatile returns on the stock itself, which will reverse dilute as people decide they want the gold instead of shares of stock. Can't lose with that, unless of course there is no gold in them hills, which they have already cored the tar out of it to confirm that there is.

**** UPDATE ****

All,

You have all been patiently (or not) waiting for an update and I SINCERELY apologize for the delay but I don't want to put out stuff that I wasn't confident on and needed to confirm my understanding of things. I met with XCLK a couple weeks ago, along with other investment opportunities which I feel are excellent but cannot share on this board per ihub rules.

I would summarize as follows:

- they are going to file all the 10-Qs
- they are still in talks to spin off co-signer.com and news on that soon
- they are kicking off a digital program for hillary on 1/7
- they are offering a buyout of all convertible debt (creditors may or may not agree but not sure there will be a choice there)
- will start two service contracts but cannot offer details on that (I don't know them but I might be able to guess)
- by April they will be a fully reporting company and flowing sales
- their Ad business (i.e. ad wheel) is the core of the business and has huge net profit potential.

There are some wildcards that affect the above, but overall, I still believe they will be successful.

Those of you looking for tax loss selling, tomorrow is the last day of the year, and even if you wanted to sell you probably will not be able since there is no bid, and if you could, I wouldn't, I would hold on for the ride, it will come, it just has taken longer than anticipated. Remember, insiders have not sold a single share even when it rode up last April. What does that tell you, what does that tell you. Follow the insiders (don't get me wrong, they could be wrong, but more often are right, isn't that how the saying goes)

Feel free to private message me, but this is about what I can say publicly (and privately for the most part). When they are able to officially share more information, hopefully I can disappear from the scene :)

Gamble, no, I never gambled a day in my life, in a casino that is, but I was in the casino amongst the gamblers. Stocks is more than enough gambling for me.

ok we could probably argue about this all day long, and maybe technically they shouldn't make this claim but put out a report with a different title but with effectively the same content and let people make their own judgements.

If people are put off from investing due to that or other reasons such as the delays, at this point, what's done is done, and whatever they raised from offerings was probably significantly less than what it could have been due to the low share price, which is a shame. But when they start mining and pulling gold at a decent price, the share value will have no choice but to go up regardless of what you or I want it to do b/c they will be profitable, and 4 cents a share won't cut it any more.

We're so close at this point, nothing really matters in the short or medium term except how much gold they start reporting in a regular basis. The (relative) price of gold will have no effect either since their costs are so low, but if the price of gold appreciates to any degree, look out! And I am planning on it to appreciate.

I did have my meeting out in Las Vegas, more than one meeting actually. I will update on this board in the near future. Right now I would say nothing different than the status quo of getting the 10-Qs out, but I shall update soon.

I visited with Westport Energy representative at the mine location and offsite post processing area this week, and I am now thoroughly convinced they will be successful. I believe as they do that there is significant gold in the ground. They described to me exactly how the mining process will work on a daily basis day and night, from hiring the right people, how land reclamation is done to exceed the BLM standard, the high end equipment being purchased for recovery, how they keep the gold secure as it is mined and eventually sold into the markets, transportation to and post processing at the offsite wash plant in Ehrenburg a few miles away, etc. They literally cannot wait to get started and the permitting, as announced already in a recent press release, should be done in next couple weeks, with a start date around Feb 1 as announced. Within a month they will be at full capacity as they work out the kinks.

A recent announcement mentioned bulk sampling test, though due to some logistics with regards to having the proper equipment, that has not been done (and not sure they are planning on it or now), BUT, they have done so much sampling in the area that they are very confident in the validity of the claim and its reserves. There's gold in them hills (and they are hills, steep hills) and the extent of the claims will take us many many years into the future. So at this point I am not concerned about seeing any more evidence of gold in the ground except to see the results when they officially tart mining, no need to wait any longer.

I think ITEC has also learned from this process of how to work better with the BLM to move forward more quickly on the next project and in fact my attitude now is more that this is a done deal (i know I might sound more confident than i should be.). I hope they can focus on the next opportunity as aggressively and as logistically and financially possible. As far as the ITEC / Westport relationship goes for this venture, which is obviously important, I was told it is a match made in heaven.

In summary I am impressed with what I have seen and believe this to be a great investment - mark this post, it might take a few months, but I expect the stock to rise along with the volume as they start pulling gold through the spring. I am a lot less concerned about this investment than many of my others in the natural resources arena, mostly b/c I believe this has the most potential based on its low price (though the whole natural resources market is more depressed than I ever thought was possible).

I asked about the 43-101 and the reply I got was what I expected.

There is nothing wrong with holding to a standard that isn't a required standard in your country especially if that standard is more stringent than any standard that exists in your country.

They are taking advantage of the fact that there is a standard somewhere, a high standard in Canada, and they are following that, and that is admirable, nothing wrong with that. I wouldn't call that "falsely compliant" and I am not concerned about it

Now a question for you, did you ever do the due diligence you said you were going to do?

I'll try and find out about that. I just talked to them, everything is going as planned. Hopefully we can get an update before end of month, I encouraged their doing that, silence is not helpful. Getting all the permitting is a real bear but is proceeding. I suppose the govt. controls in place prevent the destruction of our country's resources as happens in third world places with little control, so probably good to be thankful for that.

I am visiting the mine next week to get a view of things and I can report back at that time as to what I see. We'll all feel better once they start mining.

Trading volume is still flat and sporadic. I'd like to see this get into the mid-teens by the time they go live.

By the way, the weekly Commitment of Traders for gold showed last week the smallest net short position of 3K contracts for gold since Dec 20011, 14 years ago. That has to be good for gold prices.

I dont think they are, I think they really mean it without the RS. I posted previously that I felt that that was a bit outlandish, but it does indicate in the least they think it will be a lot higher than it is today, could they be off base by that much?

Well, the Zachs report just referenced had Zachs set a buy rating when it was at $1.50 a year ago, and it went all the way down to 5 cents as we just saw, so its hard to give credence to these independent parties to some degree.

Do your own due diligence and hope for the best. Personally I believe this has a ways to go but with limited capital I have traded in and out of it and that has worked well for me. If it runs away over 50 cents, I doubt I would get back in unless it fell back strongly. As we saw it is volatile and fell back a lot farther than I am sure most of us anticipated.

Talked to them, nothing new to report, they are working on the next quarterly, co-signer, internal organization, and plan for a lot of transparency after more filings. Thats a mouthful. As mentioned I am visiting them soon and will report back appropriately as permitted.

ok, so the bounce off 5-6 cents where it was so oversold I could not believe it. Now my question is how a credible firm could predict a one year projection over 5 dollars. While I am bullish on NETE, could we all be wrong in underestimating the potential of NETE or is this company just out of whack in the their predictions? Has anyone followed their other predictions (which I see they are regularly issuing from their web site) to see their track record? I mean, at the time they issued the prediction the stock was 8 cents, so thats over 60x what the current price was, and 30 x where it is now. Really?

Maybe but they are bringing in revenues and I dont see why the stock should take that much of a hit. This morning it has already more than doubled from the low, darn it, I just cleared funds today to buy, wanting to buy in the .06 range, oh well..

That is correct, everything you said is true. The company is currently not diluting, and has not since the spring. McKea would not continue to finance the company unless they (he) felt that there is a future, and that future is the digital media business model. Whether that will be successful or not we don't know yet but my understanding is that the margins are great for that endeavor. As far as future financing, I might even be ok with further shares issued depending on who they are being issued to and on what terms, with an option to pay back the loans instead of stock, but as I said before, NO TOXIC LOANS OR I AM OUT :)

I am going to fly out and meet with XCLK in a few weeks. I may be limited in what I am able to report here, but I will report what is permissible. We should have more information soon in any case. Right now I would say we are in waiting mode. I can tell you that the digital media business is a direction they are heading in and that the margins and potential for that business is promising.

Yes I've said that for a while, there's zero chance of a RS.

BUT on the other side of the ledger, they will need money to grow the business, and I don't know where that money is going to come from. So far, they have not issued stock since March, but the day's coming where they will need to do something. Whatever that something is, it better not involve toxic lenders, I don't think it will, but I'm just saying.

I understand that there will be more news coming out possibly before the first 10-Q. Whether it is of significance or not, well, I'd like to think that anything they announce will be more significant than this week's 8-K, you know, something more exciting, we'll see.

they're late with the report by a week now. I would think that with the timeline so compressed here at the end of this long journey, we should see it any day now, like Monday or Tuesday?

The stock continues to trade with little to no volume. Hopefully they have plans to engage the right marketmakers to help boost interest and activity to drive the PPS back up at least into the teens if not higher in the not so distant future to coincide with late pre-production timeline. It just can't continue like this much longer, something has to give.

I have been following for a few months and have a smaller investment in the .13 range. I simply cannot see why the PPS has fallen so low, it really defies what they should be valued with their net revenues. Reverse Split bla bla bla, that should not drive down the price for a company like this, and I am sure they will wait for a recovery before executing the RS. Talking to them they are baffled with the drop as well so I don't feel as bad and they are working hard, and to be honest, that's exactly what I was surmising on my own. And we know the insiders are buyers at higher prices than where we are now and recently for that matter. Maybe many investors have lost so much that they figure now's the time to take a loss and move on, with the theory that any rebound will be negligible compared to their initial investment. If I had more money I would put some in now at these prices, I simply don't see the downside (but I said that at twice the price where it is now LOL)

Hmm, ok, I didnt think it would be glamorous, was hoping for something more significant. So one might infer on the reason for the delayed filings but nothing has been said explicitly here. MCKEA is a safe lender but they cant finance all the needs of the company, that needs to come from somewhere else.

Keep eyes peeled now
Have no idea what it'll say

I was wrong about "very very very close". I have talked to the company at length, and they are in process of putting things into place as one would say. They are on the slimmer side of resources and dependent on external factors to get information released, and while an 8-K is imminent, I don't think it will be anything glamorous persay, probably just another step in the right direction. But as mentioned, 10-Qs are coming, hopefully a couple of them before end of year. If I knew anything about how to do financials I'd volunteer to work for them (remotely), but my background is not in that area.

Another thing we dont know is what revenues were for 2015. While I don't think it would be impressive or we might have had more hints about it by now, maybe it will be enough to keep investors interested. Please surprise us XCLK!

The other thing is how they will work out financing going forward, so that should be interesting as well. NO TOXIC lenders - if I see that, I'm out.

Finally I know they are focusing heavily on the digital media side of things, whatever that might entail. Looking forward to progress and announcements in that area.

This investment is clearly turning into a long term play for those of us who have been around for a while. For those of you who want a short term profit, not sure this is the place for you, but you never know I suppose.

OK, general post but positive, I like it.

For those of you wondering, they have effectively said the reason for lack of communication - that people that were advising them during the silence, and so while they could have done what they wanted and ignored the advice, they decided to follow the advice (not what I would have done but what do I know) and here we are:

"our SEC attorneys who have helped nurture this journey and for whom ultimately shepherd this filing"

Obviously, the market has not "accepted this fully" as the price is still stuck here, but as has been posted many times here by myself and others, there has been no dumping of shares for 7 months and I don't anticipate there will be either. I am thinking it will take real (good) news to move the stock at this point (the 8-Qs could give a bump, but I am thinking we need revenues).

Lets go XCLK, we are ready for a meaty update.

I dont watch it around the clock but before the 10-k there was a day where it did go to no bid for part of the day if anyone remembers, and the ask was at .0001, just for the record, not that it matters.

I am on the conservative side, very very conservative. so that means .0005 - .001. I realize that sounds extremely low, but being beaten down, I'd rather be surprised than disappointed. Its really hard to predict though, in some ways I dont even want to think about it but I just want to see it realtime and make a judgement as info is released and the situation evolves.

We should see something very very soon (I know I said that last week, that said, "very very" is actually conservative compared to how long we waited for the 10-K LOL.)

Ha! I was calling in today and got the voicemail which I rarely get and did not leave a voicemail. So what happened, I actually got a call back since they have Caller ID and didn't want to miss a call.

Now don't get me wrong, I am not going to proclaim that they are so wonderful at communication after what we just went through, or that just because you can reach someone means they are legit and/or doing well, but this example is not a bad thing either - how many companies call you back when you don't leave a message?

Whether you are able to get answers to your questions when you call, that might be another thing, but sharing your experience here on the board is welcome, good or bad.

hmm, check out the latest release. The bottom line is:

"WPE anticipates full completion of the permitting and review process by January 15, 2016 and the first phase of production to begin on February 1, 2016."

This is much later than I had understood it would be but looking over the previous releases, while there are some marked dates, nothing is clear about a final date, but certainly I expected them to be mining gold in 2015. The good thing is that this is Arizona and so my understanding is that weather will not be an issue with regards to starting date or anytime for that matter. Maybe when they start operations they can work through the night as 24 x 5 days? (but probably not setup for that and too expensive to pay overtime).

In the meantime we can still look forward to the bulk sampling results - those are due in a week and will be of value, even if they can't speed up a starting date.

Investors seem to just be waiting at this point with regards to shares on the open market. But that should change I just don't know exactly when, but I know they are engaging the big brokerage houses and the like.

It should work fine, I call it regularly and it is answered by Mickey or someone else (less often) nearly every time. If you get vm then leave a message or call back later.

Typo in my last post (too late to update post): 8-Q should be 10-Q

That is true, I did make previous authoritative statements that supported the company's intentions.

Consider this, would there be any reason for the company to wait 6 months to eventually provide the 10-k? Absolutely not - it only hurt them real badly, from a shareholder point but even more from an operational point of being able to conduct business and raise funding required to run the business. Further to then actually file at a huge cost (I couldn't find it to be explicitly stated in the 10-K) when they could just give up tells us that they want to be successful. So at no point was it their intention all along to delay, it took them by surprise, and I was only following what they were saying (to the point where they were saying it publicly (see last 8-k for 8/3 where their accountants told them 8/15) but then beyond that time).

In the same way, their intention has never been to do a Reverse Split, and in fact they have not done so. I thought that at one point they stated that publicly but we would need to check that. If not, then I am stating it. Could that change, anything is possible, but as I stated, what purpose would that serve to do that at this point in time (later that would be on the table).

Similarly they could have diluted shares during these past 6 months, but they did not, and it is not their intention and are even in a lawsuit about it as indicated in the 10-K. Is there a reason that they would do so, well yes they owe money and/or they could take further toxic loans, but that is not their intention or they would have done so by now. If they are absolutely forced to do so, maybe they would, but the fact that they have not is "shareholder friendly" in the longer time frame (while the lack of communication in the shorter time frame was clearly not to our dismay :{

I stand by what I have said. When the company starts communicating again, which as I said will be very very soon, let's see what they have to say and we can make further judgements. While I would not dare predict when we see the first 8-Q, I would certainly not predict anything like we just went through or I would be inclined to declare game over.

It has been mentioned on the board about this being a share selling scam.

Can anyone please explain clearly what evidence there is of that being the case?

For THIS stock (not others, this stock):

What kind of share selling scam? Describe it.

Who benefits from it? The board of directors, the largest shareholder (McKea Holdings), some vendors/associated third parties, the lenders in cohoots with management, who?

Certainly all those lenders could have benefited and they can negatively affect the company by shorting the shares that get converted. And certainly the company can make bad choices about which firms to lend from - does that make the company crooks, and how did they benefit if they DIDNT MAKE ANY MONEY?

The only argument I can see being made, and that argument wont hold water in this case, is if the company was kept afloat via us investors for the purpose of allowing employees (more specifically those at the top) to have DECENT/ABOVE Standard PAYING jobs that they are are or are not qualified to hold whereas otherwise they would not have jobs at XCLK if the company stopped operators and would have to get new jobs). I can say right now that that is not the case - they are lucky to have jobs and they aint making a lot. In fact the declarations show almost no shares given out to execs (if that is not the case I have not been able to find otherwise).

Is there one insider who has made any money from the XCLK and can anyone provide evidence of that? Are they standing to make money thru share selling and that that day has NOT yet come for when they will be making that money but that it is coming?

All kinds of accusations can be made, but without being able to answer these questions, I can't see how the accusations can be substantiated.

MISNJEF, I very very strongly disagree with your statement about a Reverse Split. Do a search through XCLK posts for the last year and a half and you'll find plenty of predictions about that. I can tell you authoritatively that that is NOT in the plan of management. For starters, why would they possibly do it, what benefit does it suit anyone? Eventually yes, if the company is successful there is a good chance for that to happen, I have discussed that with them, but now, not a chance in the world. They would probably just go out of business before doing a Reverse Split. If you have evidence otherwise, then provide it.

Yeah, well I am not laughing, I have a lot tied up, so laughing is not something I am doing right now. Abandoning at this level makes no sense, this will rally, I don't know how fast or how long or how high, but it will, with upcoming and hopefully steady news, and at that point it will be much easier to decide about an investment strategy with XCLK. I have always been and continue to be conservative. If this can reach .001 and hold there, and use that as a launching point to the next stage, I would be very very happy.

I feel these guys are going to blow it out of the water, I really do.

Reading the 8-K can be confusing if you don't understand all of what they are doing. While the share count has increased to 157 Mill, a lot of those shares will be retracted when investors exercise the conversion to gold option - evidently people want gold instead of shares of stock, to each his own.

Just watch carefully the next month or so. Albeit the delays beset by our great govt. over the past couple years have been discouraging, management has continued to push forward with resolve and the belief that there's gold in them there hills. We are so close at this point, and short of any unforeseen circumstances, we should be seeing gold pulled out of the ground at a blistering pace.

This talk of SCAM on this board is a bunch of crap. There is NO scam here, point it out with evidence it it exists. And accusing Naylor of being in a lawsuit also is a bunch of crap, and even if he was, so be it, many people gets sued.

Speaking of gold, the price has dropped again and the bears are all crying for $1000 or lower/ounce. That is discouraging, I am still hoping we hit the bottom already, but regardless I feel the downside is still limited. I do feel that the gold stocks have already bottomed, but again, they have retraced significantly along with gold's selloff.

But that's what I like about ITEC, the price of gold will not affect them as much as a pure mining company (they are financial and management company for miners vs. pure miners).

Jandreoni, keep an eye out on the www.otcmarkets.com site under XCLK for further releases in the very very near future. I think things get released early in the morning between 6 and 7am and show up there before anywhere else, keep an eye out for news there, which I am doing each day, or you can wait until you read about it here on iHub. Fair enough?

Also keep in mind that XCLK releases (press and financials) have never seemed to have an affect on the stock price when they are announced, even what I would consider good ones. Then recall Hillary announced and it took off without any releases. So, unless any releases talk about revenue, in my opinion, they won't be market moving, but that is just my opinion based on past observations, one day this could certainly turn out to be different.

I did say exactly that 6 months ago leading up to and after her announcement, and it still holds true and will continue to hold true. XCLK has an amazing opportunity, I hope they make the most of it

Well, keep in mind that companies have good intentions, I certainly believe that they thought at the time things could go well, but things dont always turn out the way one would want.

I really want to deal in facts that are current, and not live in the past (but still make sure to do due diligence on the past which you have done well) and we need the company to update us on those facts which has finally now started, albeit much of the 10-K we already knew.

I'd like to think that Hillary has so much potential, I really believe that, but I want to see big big revenues from that effort. They should be able to do that with all the infrastructure in place. I think what's holding them back is money to be able to make that happen, which is obviously a huge barrier, combined with these leftover loans. Let's see what they can produce here.

I literally havent talked to Kurt in over a year, I don't know what significance he has in making XCLK run and its operations. And that number of shares, worthless at this point based on the price he got them at, whatever that price was. Right now that's worth 800 bucks.

I am hoping for management to shake things up in any way imaginable to rejuvenate XCLK and move boldly forward. Let's see if they have their act together.

Be clear everyone, in my opinion there is NO slam dunk here, I know that many feel there is, while others feel there is no chance. As one of the largest shareholders, I find myself in the middle, but with a positive bias. If they surprise me, then awesome, otherwise I will be tempered until I see results. I certainly will take some off the table as it recovers just to better diversified.

Best to you Johnny and everyone else that is sticking it out.

Maybe but whatever it is its insignificant. they are not even advertising anymore and so without getting the word out there, you can be sure there really isnt any significant business. I'm not holding my breath on this one but maybe we can get a surprise at one point.

Sort of like the stock buyback, with limited funds how can you buy back anything, you have to pay your creditors first.